Equity Development Investment Tbk. vs Sumber Mineral Global Abadi Tbk. — how do they compare? Equity Development Investment Tbk. trades at Rp84 (market cap 1.31T, 2.13M 24h volume), while Sumber Mineral Global Abadi Tbk. trades at Rp69 (market cap 595B, 6.26M 24h volume). The key difference: Equity Development Investment Tbk. is far larger — about 2.2× Sumber Mineral Global Abadi Tbk.'s market cap, and Sumber Mineral Global Abadi Tbk. is more actively traded (6.26M versus 2.13M). Which is the better fit depends on your goals.
| GSMF | SMGA | |
|---|---|---|
Market Cap | 1.31T | 595B |
Volume | 2.13M | 6.26M |
Lot | 21.32K | 62.62K |
Turnover | 178.61M | 422.4M |
Average Price | 83.79 | 67.45 |
Value | 178.61M | 422.4M |
Indicative Equilibrium Price | 85 | 67 |
Indicative Equilibrium Volume | 6.5K | 395 |
Trailing returns across standard periods
Latest headlines on both assets
PT Equity Development Investment Tbk (the “Company”) was established in Jakarta under the name of PT Gajah Surya Arta Leasing on November 1, 1982 based on the Notarial Deed of Didi Sudjadi, S.H., No. 1, as amended by deed No. 30 dated March 6, 1985 of the same notary. The Company changed its name to be PT BDNI Capital Corporation Tbk. On February 7, 2001, it changed the named again to be PT GT Investama Kapital, Tbk.
Read more on GSMF →PT Sumber Mineral Global Abadi Tbk (the Company) was established based on Notarial Deed No. 2 dated October 19, 2016 of Selina Bertha Eny, S.H., a notary in South Tanggerang. The Company started its commercial operations in 2016. The Company’s immediate and ultimate parententities are PT Sumber Global Energy Tbk and PT Sumbermas Inti Energi, respectively, both entities domiciled in Jakarta. The controlling interest of the Company is PT Sumber Global Energy Tbk.
Read more on SMGA →